"in previous announcement, the scale back will be determined by your share you held before announcement"
The thing I missed was the size of the shareholder base, meaning that there are going to be many voices clamouring for some of that NZ$200m of SPP stock.
Unless the board exercises its discretion to increase the SPP pool, shareholders will be lucky to get one-fifth of the amount of shares for which they apply.
Especially given the share price response today.
It's a company with truly rare assets.
And the market knows it.
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Last
$6.93 |
Change
-0.020(0.29%) |
Mkt cap ! $10.25B |
Open | High | Low | Value | Volume |
$6.90 | $6.96 | $6.88 | $2.373M | 342.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 3793 | $6.92 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.95 | 2498 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 3793 | 6.920 |
3 | 4317 | 6.910 |
1 | 2498 | 6.900 |
1 | 1000 | 6.880 |
1 | 152 | 6.870 |
Price($) | Vol. | No. |
---|---|---|
6.950 | 2498 | 1 |
6.960 | 6099 | 4 |
6.970 | 2498 | 1 |
7.000 | 1408 | 2 |
7.020 | 700 | 1 |
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